Good for what?
Chisel grinding is common on knives intended for combat/defense. Simple to make, simple to keep sharp. However, most people (myself included) find that chisel ground knives don't make as good utility cutters as regular V ground knives. The asymetrical edge will tend to drive the blade in a directon other than straight. For example, if you cut a piece of cardboard with a chisel ground knife, instead of being a straight cut, it'll likely want to curve. I'm also of the opinion that when a manufacturer chisel grinds a knife (be it the whole blade, or just the edge), they usually do it on the wrong side for right-handed people (and there's more them than lefties).
If a particular knife I was interested in for self-defense was chisel ground, it would matter much less than if it were for daily utility work, in which case I only will use a chisel ground knife if absoultely necessary (like serrated Spydercos--but that doesn't matter as much when they're serrated).